For Sale - High Exposure Redevelopment Opportunity

1575 Kootenay Street, Vancouver, BC

Industrial For Sale

For SaleLand Area : 1.61 AcresBuilding Area : 31,892 SF

Description

The property offers convenient access to Downtown Vancouver with a location only 500 meters from the on ramps to Highway 1 in either direction; it is a 5 minute drive to the North Shore, and 15 minutes to the Port Mann Bridge. As a redevelopment site, 1575 Kootenay Street enjoys views of the Burrard Inlet, Downtown Vancouver, and the North Shore mountains. Nearby notable amenities within a 2.5 km radius include Brentwood Town Centre, Cactus Club Café, Whole Foods Market, Costco Wholesale, Walmart Grandview Supercentre, The Home Depot, and the Gilmore Station SkyTrain Station. In addition, 1575 Kootenay Street is located steps from Charles Park, Adanac Park and is a short drive to the Rupert Park Pitch and Putt.

Legalization of cannabis will play a significant role in the demand for commercial and industrial space throughout British Columbia. Being an agricultural product, Colliers explores the potential for cannabis growers to utilize the Agricultural Land Reserve (ALR) as a source of affordable land......

“Metro Vancouver's robust industrial market has now recorded 19 consecutive quarters of positive net absorption. Despite 937,645 square feet of new supply, vacancy declined from the previous quarter’s 1.9% to 1.5% due to the largest amount of net absorption in a quarter since Q4 2015. A major le......